FMC Chairman Plans Rulemaking Notice for Modernized NVOCC Regulations by Summer

HOLLYWOOD, Fla. -- Federal Maritime Commission Chairman Richard Lidinsky said the FMC will begin improving NVOCC regulations next month. Lidinsky spoke at the National Customs Brokers and Forwarders Association of America conference April 24, 2012. Lidinsky mentioned a recent FMC notice of inquiry seeking comments on its rules that exempt non-vessel-operating common carriers (NVOCCs) that enter service arrangements from certain tariff filing requirements of the Shipping Act of 1984. At the May FMC meeting, the commission will begin the process of modernizing regulations for NVOCC and Freight Forwarder licensing, registration, and proof of financial responsibility, Lidinsky said.